Global stocks in meltdown as Wall Street bails out of crypto and AI: ‘The bubbly is on ice’

Global stocks in meltdown as Wall Street bails out of crypto and AI: ‘The bubbly is on ice’

Global stock markets sold off sharply this morning as investors continued to question whether the ‘Magnificent 7’ tech companies have fueled an unsustainable bubble in AI. The selling is brutal. Nasdaq 100 futures were down 0.36% this morning after losing 2.38% yesterday. S&P 500 futures were flat but volatile this morning, and the VIX volatility…

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China boy swallows gold bean during ‘tongue exercise’, goes to hospital to relieve himself

China boy swallows gold bean during ‘tongue exercise’, goes to hospital to relieve himself

An 11-year-old boy who accidentally swallowed a 10-gram gold bean worth 10,000 yuan (US$1,400) by mistake was told by his mother not to relieve himself outside because it would be “too expensive”. The story has amused many people on mainland social media, where it quickly went viral. The incident unfolded in Kunshan, Jiangsu province, southeastern…

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Wall Street strategist explains how to navigate an ’AI Bubble’

金沙第三季淨收入升1.5%

金沙中國(01928)公布,根據美國公認會計原則的第三季概覽,期內淨收益總額按年增加7.5%,至19億元(美元.下同);淨收入則為2.72億元,上升1.5%;經調整物業EBITDA為6.01億元,漲2.7%。 經調整物業EBITDA漲2.7% 期內,澳門威尼斯人淨收益維持6.92億元,雖然娛樂場收益減少2%,至5.43億元,但受購物中心收益升8.5%,至6400萬元,以及會議、零售及其他收益增長70%,錄得1700萬元所抵消;經調整物業EBITDA利潤率降低3.6個百分點,至35%。 澳門倫敦人淨收益急升49%,至6.86億元,主因娛樂場收益飆55.3%,至5.25億元;經調整物業EBITDA利潤率增4.9個百分點,至31.9%。至於澳門巴黎人淨收益則減少12.8%,至2.18億元,其娛樂場收益跌13.8%,至1.63億元;經調整物業EBITDA利潤率降5.3個百分點,至24.3%。澳門百利宮淨收益2.06億元,跌19.8%。 至於亞洲零售購物中心業務,收益總額為1.99億元,經營利潤1.74億元,經營利潤率87.4%。可出租總面積247.44萬方呎,租用率86.6%,租戶每方呎銷售額 Source link

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